Beijing’s Chaoshifa Supermarket Chain Signs Cooperation Agreement with Japan’s Lawson

Retail veteran Chaoshifa Market has been given a new lease of life. The Beijing-based supermarket chain caters for middle-aged and senior citizen customers, and has been operating in local communities since 1997. But this month the group opened three, small outlets in Beijing with the Japanese convenience store franchise, Lawson China Holdings Inc, in a

Walmart Stores to Be Used as JD.com Warehouses in Major Chinese Cities

Chinese e-commerce giant Jingdong (JD) announced Tuesday [25 July 2017] an inventory pooling scheme with American retailer Wal-Mart. Wal-Mart stores will serve as warehouses for JD in Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, and Wuhan…Full Article: ECNS.cn July 2017 Key Point As a result of the inventory (warehouse) pooling scheme, purchases from JD.com could potentially be

China’s Convenience Stores Number Close to 100,000

The number of convenience stores in China is approaching 100,000, generating more than 130 billion yuan ($18.8 billion) in sales in 2016. To survive the fierce competition, operators of convenience stores should pay more attention to improving their product experience, increase self-owned brands, expand business scope, digitalize their service and optimize the supply chain, said

Select Walmart Stores to Deliver Groceries via JD.com’s New Dada Online Service

Walmart on Friday [21 October 2016] announced a $50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery online-to-offline e-commerce platform. The investment is an extension of Walmart’s broader agreement with JD.com. As part of the cooperation, New Dada offers customers two-hour delivery on groceries ordered from Walmart stores through the

Walmart to Open 30 New Stores in China and Introduce Cross-Border E-Commerce Service

Walmart, the world’s largest retailer, will open 30 new stores in China in 2016, Walmart China president and CEO Sean Clark said Thursday [25 February 2016]. Besides the 30 new stores, Walmart will upgrade 60 existing stores and expand its logistics and distribution centers. It will also introduce a cross-border e-commerce service in 2016, according

Hypermarket Operator, Sun Art Retail Group, To Roll Back New Store Openings in China

Sun Art Retail Group said on Monday [29 February 2016] it will scale back on new store openings in China this year as it grapples with a challenging retail environment. It also expects a greater contribution to sales from e-commerce. Sun Art, the second-biggest hypermarket operator  in China with 13.7 percent of the Chinese market